Lovesac NASDAQ: LOVE executives said the company is navigating what Founder and CEO Shawn Nelson described as the weakest home-furnishings environment since the 2008-2010 period, while preparing a series of product launches and service expansions intended to support growth in coming quarters.
Lovesac NASDAQ: LOVE reported second-quarter fiscal 2027 net sales of $161.2 million, up 0.4% from the prior-year period, as growth from new showrooms partially offset a 1.9% decline in omni-channel comparable sales. The furniture company said the quarter marked its highest quarterly sales outside the fourth quarter in its history.
Although the revenue and EPS for Lovesac (LOVE) give a sense of how its business performed in the quarter ended July 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 181 | $3,037.87 | $2,550.29 | -$487.58 | -16.05% |
| NA Nizar Araji National Bank Of Canada /FI/ | 47 | $693.25 | $693.25 | - | - |
| CD Charlie Durham Sterling Capital Management LLC | 127 | $2,076.16 | $1,789.43 | -$286.73 | -13.81% |
Joseph Castro Nuveen LLC | 69,649 | $1.18M | $981,354.41 | -$202,723.25 | -17.12% |
Bobby Adusumilli SJS Investment Consulting Inc. | 39 | $653.64 | $575.25 | -$78.39 | -11.99% |
| Household Durables Industry | Consumer Discretionary Sector | Shawn David Nelson CEO | NASDAQ (NMS) Exchange | 54738L109 CUSIP |
| US Country | 1,900 Employees | - Last Dividend | - Last Split | 26 Jun 2018 IPO Date |
The Lovesac Company, founded in 1995 and based in Stamford, Connecticut, specializes in designing, manufacturing, and selling innovative furniture. The company distinguishes itself by offering a unique range of customizable furniture that includes sactionals, sacs, and various accessories designed to enhance the user experience. The Lovesac Company has successfully extended its market reach by utilizing a multi-channel retail strategy. This involves the sale of products through its website www.lovesac.com, alongside a physical presence in top tier malls, lifestyle centers, and through innovative retail formats such as mobile concierges, kiosks, and pop-up shops. Furthermore, the company engages in strategic shop-in-shop partnerships and barter inventory transactions, broadening its customer base across 41 states in the United States.
LoveSac offers highly versatile sactionals, which are modular sections that include seats and sides. These customizable furniture pieces allow for easy configuration to fit any room size or shape. Customers can also choose from a variety of covers to match their decor, making sactionals a popular choice for adaptable and stylish home furnishings.
The company's signature product, the sacs, are oversized foam beanbag chairs that provide an unparalleled level of comfort and support. These innovative chairs are a modern take on the classic beanbag and are designed to offer a more luxurious, enveloping seating experience.
Lovesac's range of accessories is designed to complement its primary furniture offerings. This includes practical items like drink holders, which add convenience to the sactionals or sacs, and footsac blankets, designed to provide warmth and comfort. Additionally, the line features decorative pillows to enhance the aesthetic appeal of the furniture, fitted seat tables for added functionality, and ottomans that serve as versatile seating or footrest solutions.